Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.

Bank of America ( BAC -0.77%) stock had quite a good 2024, cruising more than 30% higher in price to notch a convincing beat over the bellwether S&P 500 index. There are more prosperous times in store for the ubiquitous bank, if a recent and bullish analyst take proves to be accurate.

Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

The Fed now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy. "They've got a new administration with a new set of fiscal policies, and the monetary policy has to respond to that," Bank of America chair and CEO Brian Moynihan told Yahoo Finance at the World Economic Forum in Davos, Switzerland.

Bank of America’s stock (NYSE: BAC) posted a better-than-expected set of Q4 2024 earnings, led by stronger investment banking business and higher net interest

Bank of America CEO Brian Moynihan said that the firm is open to using cryptocurrency for payments if regulators clarify the rules.

Wall Street’s largest banks are poised to report their highest fourth-quarter trading revenue in five years, as November’s election and global uncertainty sparked market moves that boosted profits. According to a Bloomberg report issued this week,

Bank of America Securities analyst Joshua Dennerlein maintained a Buy rating on Welltower (WELL – Research Report) today. The company’s shares

Bank of America will be engaging with President Donald Trump's administration and Congress on regulations that the bank said can lead to it exiting banking relationships with a customer, a spokesperson said on Friday.

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said on Friday.

By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -Bank of America will be engaging with President Donald Trump's administration and Congress on regulations that the bank said can lead to it exiting banking relationships with a customer,